Finance Officer at MacTay Consulting Full Time

Job Title: Finance Officer

Location: Okitipupa, Ondo
Employment Type: Full-time

Responsibilities
General:

• Plan, implement and oversee day to day accounting operations
• Document Management Ensure all accounting and financial related documents are well captured, stored, and managed
• Monitor and analyse accounting data and ensure accuracy and timely postings
• Adhere to proper accounting methods, policies, and principles and ensure employees adhere as well
• Increase departmental accuracy and efficiency in postings, document management, and general accounting record.

Accounting Records:

• Ensure that all transactions are captured with source documents & posted into the Software
• Daily review of all postings to ensure that postings, reconciliations, and corrections are done daily and accurately.
• Post all end of month adjustments and ensure a clean close of the period
• Intercompany Accounts are posted correctly, and all company accounts are well maintained.
• 99.99% accuracy in postings and record-keeping

Document Management:

• Setup and manage an effective document management system for all Accounting related activities • Ensure effective control of sensitive accounting and financial documents cheques, tax documents et

Asset & Warehouse Management:

• Ensure that all Fixed Assets and Assets of the company are properly managed received, registered, depreciated properly, and accounted for
• Oversee the Inventory and Warehouse Officers to ensure that all assets are adequately managed.

Variance Analysis & Reporting:

• Assist in coordinating BPL cost accounting, cost of sales analysis, product costing, Material variance report & variance analysis
• Maintain up-to-date and accurate production data including raw materials consumed in production quantity and downtime.
• Generate variance analysis of planned Vs actual activity rates and standard prices monthly and investigate variances.
• Plan standard product cost including the cost of activities for each month based on approved actual value for the previous month
• Allocate cost for central or joint expenditure to relevant cost centers in line with BPL cost allocation policies.
• Perform period closing and related activities for product costing
• Prepare detailed account analysis and reconcile sales, costing, and inventory liability accounts.

Inventory Management:

• Coordinate inventory transfer and prepare product landed cost.
• Coordinate monthly and annual stock count exercises and generate variance reports for the management.
• Ensure timely submission, accuracy, and viability of inventory, gross margin schedules

Reporting & Budgeting:

• Ensure Annual, Monthly, and Weekly Budgets are properly done.
• Ensure Annual, Monthly, and Weekly Budgets are properly done.
• Financial Projections and Planning Accurate reporting for Management,
• Cash Plan Weekly and Monthly
• Budgets
• Financial Forecasts
• Financial and Accounting Reports
• Other Finance Functions Perform all other functions as may be directed by the CFO/MD.

Requirements

• B.Sc. in Finance or Accounting.
• Professional Qualification ACA, ACIT, ACCA will be an added advantage.
• A Master’s Degree in Business Administration or Finance will be an advantage.
• Finance professional with experience in Treasury and with experience of Accounts receivables/ Accounts Payable and Payment services.
• Proficient in using Microsoft Office, Word, Excel and PowerPoint.
• Ability to exhibit poise, composure and confidence when confronting stressful or high-pressure situations.

Application Closing Date
9th March, 2022.